HSBC, one of the world’s largest banking and financial services organizations, has leased 2,864 square feet on the ground floor at 250 West 57th Street, announces Empire State Realty Trust, Inc. (NYSE:ESRT) (“ESRT”).
The location is opposite the new Nordstrom flagship store, slated for a 2018 opening.
“Our fantastic location on billionaires’ row, surrounded by luxury condos and hotels, corporate offices, the new Nordstrom flagship store, and Columbus Circle, appealed to HSBC,” notes Thomas P. Durels, ESRT’s Executive Vice President, Director of Leasing and Operations.
ESRT’s remaining retail space of 4,699 square feet at 250 West 57th Street features desirable 20-foot clear ceiling heights.
Craig Slosberg of JLL represented HSBC in the lease negotiations.
Landlord representation was provided by Fred C. Posniak of Empire State Realty Trust, along with Joanne Podell and Ian Lerner of Cushman & Wakefield.
About Empire State Realty Trust
Empire State Realty Trust, Inc. (NYSE: ESRT), a leading real estate investment trust (REIT), owns, manages, operates, acquires and repositions office and retail properties in Manhattan and the greater New York metropolitan area, including the Empire State Building, the world’s most famous office building. Headquartered in New York, New York, the Company’s office and retail portfolio covers 10.0 million rentable square feet, as of September 30, 2014, consisting of 9.3 million rentable square feet in 14 office properties, including nine in Manhattan, three in Fairfield County, Connecticut and two in Westchester County, New York; and approximately 731,000 rentable square feet in the retail portfolio. The Company also owns land at the Stamford, Connecticut Transportation Center that supports the development of an approximately 380,000 rentable square foot office building and garage.
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